Morgan Stanley lowers iPhone revenue expectations for 2017, predicts return to growth in 2018

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Morgan Stanley lowers iPhone revenue expectations for 2017, predicts return to growth in 2018

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<p>Business Insider has shared a new report from Morgan Stanley today, showing that the firm has lowered their predictions for Apple’s 2017 iPhone revenue. Morgan Stanley’s analyst Katy Huberty “believes that anticipation for the iPhone 8 may mute iPhone 7 sales over the next two quarters.”</p>
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Source: Morgan Stanley lowers iPhone revenue expectations for 2017, predicts return to growth in 2018